Friday, January 23, 2009

5:36AM PST DOLLAR HITS NEW HIGH AT .8737, YET GOLD BREAKS ABOVE THE BLUE DOWN FLAG



Everything is AGAINST this up move in gold.

It might spike, but it will probably then plumment

on profit taking as it is into major resistance.

The next big high to exceed is up at 892

Gold is approaching the 75% retrace point at 87710